Why is Objectone Inform falling/rising?
As of 26-Aug, Objectone Information Systems Ltd's stock price is declining at 8.45, down 8.55% with a total return of -14.21% over the past week. The company is facing significant operating losses and underperformance compared to market benchmarks, indicating a bearish trend and low investor confidence.
As of 26-Aug, Objectone Information Systems Ltd is experiencing a decline in its stock price, currently at 8.45, with a change of -0.79, representing an 8.55% decrease. The stock has underperformed significantly, with a consecutive fall over the last five days resulting in a total return of -14.21%. It is trading below all key moving averages, indicating a bearish trend. Additionally, the delivery volume has dropped by 67.27% compared to the five-day average, suggesting a decrease in investor participation. The company is facing operating losses, with a weak ability to service its debt and low profitability, as evidenced by a poor EBIT to Interest ratio and a return on equity of only 6.71%. Recent financial results have shown substantial declines in profit before tax and profit after tax, further contributing to the stock's negative sentiment.In the broader market context, the stock's short-term performance is notably worse than the benchmark, with a 1-week return of -14.21% compared to the Sensex's -1.05%. Over the past year, Objectone has generated a return of -27.41%, while the benchmark has shown a slight increase of 3.39%. This consistent underperformance against the benchmark over the last three years highlights the company's ongoing struggles and lack of investor confidence, reinforcing the perception of the stock as a risky investment.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
